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About This Home

Rare opportunity Lot to build a spectacular contemporary estate on the banks of the river in the heart of El Portal. This 13,950 SF lot (75' × 186', with 75 feet directly on the river) comes with an already issued building permit and construction proposals for a stunning residence offering 4,455 SF under A/C (5,308 SF total). The thoughtfully designed home features 8 bedrooms, 9 bathrooms (plus outdoor bath), soaring two-story walls of glass that frame tranquil river views, and seamless indoor-outdoor living. The approved plans already include the resort backyard: pool with waterfall edge, spa and sun shelf, oversized summer kitchen, pickleball court, putting green, lush landscaping, and multiple entertaining areas—all overlooking the serene river. Rare privacy for a riverfront lot due to the fenced Larchmont Gardens Park on the other riverbank. Skip roughly two years of design and permitting and start building one of El Portal’s most distinctive new construction homes with plans already approved including Health Department approved septic plans. Property is included in the Opportunity Zone area and likely to provide multi-million tax benefits, while being conveniently close to I-95 Miami Shores, the Design District, Downtown and ~15min to South Beach. Note: Two fixed-price proposals to build for $1.65M from two GCs for the permitted plans, price honored for the new owner. Full docs shared with accepted offer

Listing SummaryAI-generated from listing data

Imagine waking up every morning to the serene views of the river, surrounded by lush landscaping and the gentle sounds of nature. This 13,939 sq ft lot, situated on the banks of the river in the heart of El Portal, offers a rare opportunity to build a spectacular contemporary estate. The property comes with an already issued building permit and construction proposals for a stunning residence, featuring 8 bedrooms, 9 bathrooms, and seamless indoor-outdoor living. With its prime location in Miami-Dade County, this property is conveniently close to I-95, Miami Shores, the Design District, Downtown, and just 15 minutes to South Beach. The approved plans already include a resort backyard with a pool, spa, and sun shelf, oversized summer kitchen, pickleball court, and putting green, all overlooking the serene river. The property's inclusion in the Opportunity Zone area is likely to provide multi-million tax benefits, making it an attractive investment opportunity. The tranquil atmosphere of the river and the fenced Larchmont Gardens Park on the other riverbank provide rare privacy for a riverfront lot. Two fixed-price proposals to build for $1.65M from two GCs for the permitted plans are available, and the price is honored for the new owner. The property's unique features and prime location make it an ideal investment opportunity for those looking to build a distinctive new construction home in El Portal. For more information or to schedule a private showing, Darci Margeson at Homes by Darci invites interested buyers to reach out and explore the possibilities of this extraordinary property. With her expertise and guidance, buyers can bring their vision to life and make this stunning riverfront estate a reality. Contact Darci Margeson at Homes by Darci to ask questions or schedule a private showing today. is rewritten to Imagine waking up every morning to the serene views of the river, surrounded by lush landscaping and the gentle sounds of nature. This 13,939 sq ft lot, situated on the banks of the river in the heart of El Portal, offers a rare opportunity to build a spectacular contemporary estate. The property comes with an already issued building permit and construction proposals for a stunning residence, featuring 8 bedrooms, 9 bathrooms, and seamless indoor-outdoor living. With its prime location in Miami-Dade County, this property is conveniently close to I-95, Miami Shores, the Design District, Downtown, and just 15 minutes to South Beach. The approved plans already include

Facts & Features

36 details
Overview
List Price
$1,300,000
Lot Size
13,939 sq ft
Property Type
Land & Docks
Sub-Type
Unimproved Land
Standout Features
Canal FrontFenced YardNo HOASeptic
Exterior & Construction
Direction Faces
North
Zoning
0100
Lot Features
Other
Fencing
Fenced
Waterfront & Boating
Waterfront
Yes
Utilities & Green Energy
Utilities
Electricity AvailableWater AvailableOther
Water Source
Other
Sewer
Septic Tank
Location & Schools
Address
400 NW 87th Street, El Portal, FL 33150
City
El Portal
County
Miami-Dade
Zip Code
33150
Subdivision
SOARS RIVER ESTATES
Elementary School
Hubert O. Sibley K-8 Academy
Middle School
Horace Mann
High School
Miami Edison
State
FL
Financial & Tax
Annual Tax
$21,884
Parcel Number
1831120710100
Listing & MLS
MLS #
A12064850
Listing Agent
Juan D Zuluaga
Listing Office
Coldwell Banker Realty
Listing Updated
Aug 11, 2026
Additional Details
Lot Size Square Feet
13,950
Lot Size Dimensions
13950
Current Use
ResidentialSingle FamilyOther
Postal Code Plus4
2422
Mls Area Major
2310
Photos Count
9
Property Type Label
Land & Docks
Permit Internet
Yes

Monthly Cost

$9,047/mo

Estimated with 20% down ($260,000), 30-yr fixed at 6.5%

Principal & interest
$6,574
Property taxes
$1,824
Home insurance
$650
Customize this payment

Estimate only — not a loan offer or pre-approval. Taxes from the latest county tax bill; insurance estimated at 0.6% of price per year.

Price & Status History

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History shown as reported by BeachesMLS. Information deemed reliable but not guaranteed.

Schools

Elementary

Hubert O. Sibley K-8 Academy

Middle / Jr High

Horace Mann

High School

Miami Edison

School assignments can change — verify enrollment eligibility directly with the school district.

Location & Flood Zones

400 NW 87th Street, El Portal, FL 33150

El Portal, FL 33150

SOARS RIVER ESTATES

Beds
Baths
Waterfront

Listed by

Juan D Zuluaga

Coldwell Banker Realty

MLS #A12064850. Information deemed reliable but not guaranteed. Listing information last updated Aug 11, 2026.

Estimate Your Payment

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Down Payment20% ($260,000)
Loan Term
Interest Rate6.500%
Est. monthly payment$9,047
Principal & interest
$6,574
Property taxes
$1,824
Home insurance
$650
Loan amount
$1,040,000

Taxes based on the latest county tax bill ($21,884/yr). Insurance estimated at 0.6% of price per year. Estimate only — not a loan offer or pre-approval.